Burnham Holdings Optimizes Manufacturing Operations to Enhance Sustainability and Drive Growth
Burnham Holdings (BURCA) has announced a strategic operational optimization initiative, focusing on winding down production at Crown Boiler in Philadelphia. The move aims to streamline manufacturing operations and enhance production efficiency.
The decision comes as consumer demand shifts towards high-efficiency condensing boilers, such as U.S Boiler's Alta and Velocity's Phantom II. This transition will allow the company to optimize its supply chain and workforce while meeting the growing demand for energy-efficient heating solutions.
The company plans to leverage its Lancaster facility's infrastructure and expertise to improve production flexibility and quality control. During the transition, affected employees will receive support through relocation opportunities, comprehensive outplacement services, and additional resources. Velocity brand products will remain available in the market, and the company ensures all asset transfers will be conducted at fair market value.
Burnham Holdings (BURCA) ha annunciato un'iniziativa strategica di ottimizzazione operativa, concentrandosi sulla chiusura della produzione presso Crown Boiler a Philadelphia. Questo passo mira a semplificare le operazioni di produzione e migliorare l'efficienza produttiva.
La decisione arriva mentre la domanda dei consumatori si sposta verso caldaie a condensazione ad alta efficienza, come l'Alta di U.S. Boiler e il Phantom II di Velocity. Questa transizione permetterà all'azienda di ottimizzare la propria catena di approvvigionamento e la forza lavoro, soddisfacendo la crescente domanda di soluzioni di riscaldamento energeticamente efficienti.
L'azienda prevede di sfruttare l'infrastruttura e l'expertise del suo stabilimento di Lancaster per migliorare la flessibilità produttiva e il controllo della qualità. Durante la transizione, i dipendenti interessati riceveranno supporto attraverso opportunità di trasferimento, servizi di outplacement completi e risorse aggiuntive. I prodotti a marchio Velocity rimarranno disponibili sul mercato e l'azienda assicura che tutti i trasferimenti di beni saranno effettuati a valore di mercato equo.
Burnham Holdings (BURCA) ha anunciado una iniciativa estratégica de optimización operativa, enfocándose en cerrar la producción en Crown Boiler en Filadelfia. Este movimiento tiene como objetivo simplificar las operaciones de fabricación y mejorar la eficiencia productiva.
La decisión llega en un momento en que la demanda de los consumidores se inclina hacia calderas de condensación de alta eficiencia, como la Alta de U.S. Boiler y el Phantom II de Velocity. Esta transición permitirá a la empresa optimizar su cadena de suministro y su fuerza laboral, al tiempo que satisface la creciente demanda de soluciones de calefacción energéticamente eficientes.
La empresa planea aprovechar la infraestructura y la experiencia de su instalación en Lancaster para mejorar la flexibilidad de producción y el control de calidad. Durante la transición, los empleados afectados recibirán apoyo a través de oportunidades de reubicación, servicios de recolocación integrales y recursos adicionales. Los productos de la marca Velocity seguirán estando disponibles en el mercado, y la empresa asegura que todas las transferencias de activos se llevarán a cabo a un valor de mercado justo.
Burnham Holdings (BURCA)는 필라델피아의 Crown Boiler에서 생산을 종료하는 데 중점을 둔 전략적 운영 최적화 이니셔티브를 발표했습니다. 이 조치는 제조 운영을 간소화하고 생산 효율성을 향상시키는 것을 목표로 합니다.
소비자 수요가 고효율 응축 보일러, 예를 들어 U.S. Boiler의 Alta 및 Velocity의 Phantom II로 이동함에 따라 이 결정이 내려졌습니다. 이러한 전환은 회사가 공급망과 인력을 최적화하면서 에너지 효율적인 난방 솔루션에 대한 증가하는 수요를 충족할 수 있도록 합니다.
회사는 Lancaster 시설의 인프라와 전문 지식을 활용하여 생산 유연성과 품질 관리를 개선할 계획입니다. 전환 기간 동안 영향을 받는 직원들은 재배치 기회, 포괄적인 재취업 서비스 및 추가 자원을 통해 지원을 받을 것입니다. Velocity 브랜드 제품은 시장에서 계속 제공되며, 회사는 모든 자산 이전이 공정한 시장 가치로 수행될 것임을 보장합니다.
Burnham Holdings (BURCA) a annoncé une initiative stratégique d'optimisation opérationnelle, axée sur la fermeture de la production chez Crown Boiler à Philadelphie. Ce mouvement vise à rationaliser les opérations de fabrication et à améliorer l'efficacité de la production.
Cette décision intervient alors que la demande des consommateurs se tourne vers des chaudières à condensation haute efficacité, telles que l'Alta de U.S. Boiler et le Phantom II de Velocity. Cette transition permettra à l'entreprise d'optimiser sa chaîne d'approvisionnement et sa main-d'œuvre tout en répondant à la demande croissante de solutions de chauffage écoénergétiques.
L'entreprise prévoit de tirer parti de l'infrastructure et de l'expertise de son site de Lancaster pour améliorer la flexibilité de production et le contrôle de la qualité. Pendant la transition, les employés concernés bénéficieront d'un soutien grâce à des opportunités de relocation, des services de reclassement complets et des ressources supplémentaires. Les produits de la marque Velocity resteront disponibles sur le marché, et l'entreprise garantit que tous les transferts d'actifs seront effectués à une juste valeur marchande.
Burnham Holdings (BURCA) hat eine strategische Initiative zur operativen Optimierung angekündigt, die sich auf die Schließung der Produktion bei Crown Boiler in Philadelphia konzentriert. Dieser Schritt zielt darauf ab, die Fertigungsabläufe zu straffen und die Produktionseffizienz zu steigern.
Die Entscheidung erfolgt, da die Verbrauchernachfrage sich in Richtung hoch-effizienter Brennwertkessel verschiebt, wie die Alta von U.S. Boiler und der Phantom II von Velocity. Dieser Übergang wird es dem Unternehmen ermöglichen, seine Lieferkette und die Belegschaft zu optimieren, während die wachsende Nachfrage nach energieeffizienten Heizlösungen erfüllt wird.
Das Unternehmen plant, die Infrastruktur und das Fachwissen seiner Lancaster-Anlage zu nutzen, um die Produktionsflexibilität und die Qualitätskontrolle zu verbessern. Während des Übergangs erhalten betroffene Mitarbeiter Unterstützung durch Umzugsmöglichkeiten, umfassende Outplacement-Dienste und zusätzliche Ressourcen. Produkte der Marke Velocity werden weiterhin auf dem Markt erhältlich sein, und das Unternehmen stellt sicher, dass alle Vermögensübertragungen zu einem fairen Marktwert durchgeführt werden.
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Strategic Move Will Streamline Operations, Optimize Manufacturing Efficiency and Enhance Production Capabilities
"This is a strategic step forward in optimizing our manufacturing operations to strengthen long-term efficiency, resilience, and customer value," stated Chris Drew, President and CEO of Burnham Holdings. "By leveraging our existing infrastructure and expertise at our
In today's market, consumer demand is shifting towards high-efficiency condensing boilers, like
By maintaining its focus on developing energy-efficient, high-performance heating solutions that align with global sustainability trends and carbon reduction goals, this decision enables Burnham Holdings and its subsidiaries to enhance product integration, streamline operations, and standardize offerings across its subsidiaries. Velocity brand products will continue to be available to the market.
Production at the Crown Boiler facility will gradually wind down in the coming months, during which the organization is committed to supporting affected employees throughout this transition by offering relocation opportunities, comprehensive outplacement services, and additional resources to ease the process. As part of the process of winding down the Crown Boiler facility in
About Burnham Holdings, Inc.
BHI is the parent company of multiple subsidiaries that are leading domestic manufacturers of boilers, furnaces and related HVAC products and accessories for residential, commercial, and industrial applications. BHI is listed on the OTC Exchange under the ticker symbol "BURCA." For more information, please visit www.burnhamholdings.com.
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SOURCE Burnham Holdings, Inc.
FAQ
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